Revenue at AB InBev up 5%

Revenue at AB InBev, the world’s largest brewing company, grew by 5% in the most recent quarter, the company has announced.

Its Budweiser, Stella Artois and Corona brands have led the way, recording growth of 8.9% in 2017. Beer production across the group rose by 2.1% in the last quarter.

The company’s North Europe president, Jason Warner, singled out the successful launch of Bud Light in the UK, saying, with more than half a million households purchasing it and one in five making a repeat purchase.

Stella Artois has seen strong growth in this country following a tie-up with the Wimbledon tennis championships.